E-7-4
Scope
Date
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Sports
Twenty-something female away team fans lead Korean baseball craze
South Korea’s professional baseball league games enjoyed record-high attendance of more than 10 million this year thanks to the growing number...
Oct 17, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply batteries for Ford's electric commercial vehicles
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply battery cells and modules to US For...
Oct 15, 2024 (Gmt+09:00)
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Shareholder activism
Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion
Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...
Oct 14, 2024 (Gmt+09:00)
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Culture & Trends
Nobel laureate Han Kang craze revives Korean book market
South Koreans are flocking to bookstores to snap up 2024 Nobel laureate Hang Kang’s novels, making her books — and even those of her nov...
Oct 14, 2024 (Gmt+09:00)
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Energy
Korea’s Hyundai E&C likely to join UK SMR race with Holtec
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C), in partnership with US-based Holtec International Corp. is likely ...
Oct 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea tops 5G mobile gaming environment in E.Asia
South Korea led the game score in East Asia with 90.06 out of 100 during the first half of this year, followed by China with 85.64 and Japan with a ...
Oct 14, 2024 (Gmt+09:00)
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Construction
Hyundai E&C, Surbana Jurong to team up on power projects
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...
Oct 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
POSCO E&C gets ISMS-P Info Security certification
South Korea's POSCO E&C said on Thursday that it obtained the "Information Security Management System & Personal Information Protection Mana...
Oct 10, 2024 (Gmt+09:00)
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Electronics
LG Electronics doubles down on B2B business
LG Electronics Inc., a leading South Korean home appliance maker seeking to transform into a platform company, aims to double sales of its Business ...
Oct 10, 2024 (Gmt+09:00)
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Robotics
Hyundai Movex to lead S. Korea’s unmanned robot project
South Korea’s Hyundai Movex Co. was selected to lead the design of a high-precision large autonomous mobile robot (AMR) platform and integra...
Oct 08, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Securities buys 5.4% stake in Edinburgh Airport
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...
Oct 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group’s software unit launches cybersecurity division
Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division...
Oct 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK
Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...
Oct 02, 2024 (Gmt+09:00)
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Corporate restructuring
Korea’s E-Mart to delist troubled building unit for restructuring
South Korea’s largest supermarket chain E-Mart Inc. said on Monday it is set to delist its troubled construction subsidiary from the main loca...
Sep 30, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy to become 1st paperless drawing shipyard
Samsung Heavy Industries Co. said on Monday it will adopt three-dimensional (3D) digital drawings for its entire ship design and construction proces...
Sep 30, 2024 (Gmt+09:00)
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E-commerce
Loss-making Gmarket joins Shinsegae’s job cut spree
Gmarket Inc. will cut jobs for the first time since it was acquired by South Korea’s retail giant Shinsegae Group in 2021, joining the group&r...
Sep 27, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics fly off shelves on Amazon, other e-commerce platforms
South Korean cosmetics are top picks among beauty products on Amazon.com and other global e-commerce platforms amid the growing popularity of K-beau...
Sep 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor releases 2025 IONIQ 5 N
Hyundai Motor Co. said on Tuesday that it released the model year of its high-performance electric vehicle (EV) the 2025 IONIQ 5 N.The 2025 IONIQ 5 ...
Sep 24, 2024 (Gmt+09:00)
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K-pop
Blackpink’s dance performance video surpasses 1.7 billion views
K-pop girl group Blackpink's “How You Like That” dance performance video has garnered more than 1.7 billion YouTube views, the group's a...
Sep 24, 2024 (Gmt+09:00)
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SK E&S mulls sale of real estate to boost clean energy biz
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is considering selling its real estate asset in Seoul, which is expec...
Sep 13, 2024 (Gmt+09:00)
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Artificial intelligence
OpenResearch gets $7.5 mn seed round
OpenResearch, an AI search service founded by former Kakao Brain CEO Kim Il-Doo, said on Thursday that it got a seed round 10 billion won ($7.5 mill...
Sep 12, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Wellfood, Topper Guild to co-work for Pepero Day promotion
South Korea’s Lotte Wellfood Co. said on Wednesday it partnered with the US YouTuber Topper Guild to promote Pepero Day.Pepero Day, cele...
Sep 12, 2024 (Gmt+09:00)
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Business & Politics
Korail to join Manila railway maintenance project
South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...
Sep 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia EVs named Wards 10 Best Engines
Hyundai Motor Group said on Tuesday that the powertrain system mounted on its dedicated electric vehicle platform, E-GMP, has been named one of the ...
Sep 10, 2024 (Gmt+09:00)
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Energy
SK E&S creates value chain from FPSO, gas field project to carbon capture
SINGAPORE – At Seatrium Admiralty Yard on Jurong Island, southwest of Singapore, some 2,000 workers are busy welding gas pipes and doing other...
Sep 10, 2024 (Gmt+09:00)
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Energy
Daewoo E&C reorganizes its nuclear-related division
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) has expanded and reorganized its nuclear-related division following its sel...
Sep 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai's Casper, Tesla boost Korea’s online car sales
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...
Sep 09, 2024 (Gmt+09:00)
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Energy
SK Earthon wins 2nd oil field exploration bid in Malaysia
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...
Sep 08, 2024 (Gmt+09:00)
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Logistics
Hanjin, China's AWOT set up e-commerce logistics JV
Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...
Sep 06, 2024 (Gmt+09:00)
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IPOs
Online lender K Bank aims for IPO at $4 bn valuation in Q4
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the...
Sep 06, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet